Practical HR Tips, News & Advice. Updated Daily.
Pension plan sponsors lately have come to expect an increase in their bill for Pension Benefit Guaranty Corporation (PBGC) premiums as each new plan year begins, and 2019 is no different.
As more and more indications are found that employees value the opportunity for flexible scheduling and remote work, employers are finding the need to handle these benefits effectively. While some employers have allowed remote work for years, others are new to the game and finding that there are a lot of potential pitfalls to avoid.
In 2019, HR managers will be utilizing deep data insights into how employees use their existing benefits to create the most robust package in order to attract and retain talent. Technological solutions will also be a major player in 2019.
We’ve been talking for some time about the tight job market faced by employers across the company. With the unemployment rate at a historic low, many jobseekers are having an easier-than-usual time finding a new job, or a first job, as employers struggle to find qualified employees.
When it comes to employee compensation and pay practices, a new survey finds that potential candidates aren’t negotiating salaries, and this is leaving a lot of money left on the table for future earnings. According to online employment marketplace ZipRecruiter®, the majority of jobseekers are not negotiating for more salary when starting a new job.
Key parts of the Oregon Equal Pay Act of 2017 will become effective on January 1, 2019. Part of the law took effect in October 2017, and another section won’t take effect until 2024, but most of the law takes effect with the coming of 2019.
Today, most companies are prioritizing benefits, such as flexibility and paid leave, as they become increasingly aware that their ability to attract and retain talent often hinges on company culture. But with so many organizations now offering employees these somewhat “standard” benefits—albeit important and appreciated—a common misconception can occur: If given enough maternity/paternity leave, new […]
With a tightening labor force and the unemployment rate at a mere 3.7%, employers are chasing the talent—not the other way around. Not only that, but it’s getting more difficult to keep the most capable workers around. Since 2015, there have been more job openings than new hires, which means unhappy employees have more opportunities […]
The balance sheet for the Pension Benefit Guaranty Corporation’s (PBGC) single-employer plan moved into the black in the latest fiscal year (FY) to continue a trend of better results, but the multiemployer plan remains in deficit and at risk of insolvency in as few as 7 years, according to the agency’s FY 2018 Annual Report.
Look to the past to predict the future when it comes to pension investing, defined benefit (DB) retirement plan sponsors are urged by global advisory and broking firm Willis Towers Watson (WTW) in a new paper on investment actions recommended for 2019.